Topic: Bitcoin Exchanges 2009 (Read 157 times)

Thank you for sharing this valuable information! Let’s delve deeper into the fascinating early days of Bitcoin in 2008 and explore the details you’ve provided:

Bitcoin’s Availability and Early Adoption:

During the beta phase of Bitcoin, bitcoin.net served as a platform for purchasing Bitcoin.
Between mid-November 2008 and the end of December, interested individuals could acquire Bitcoin directly from this platform.
The process involved buying Bitcoin via bitcoin.net, which acted as a gateway to the network.
Wallet Software Implementation:

The founder (presumably Satoshi Nakamoto) had plans to implement wallet software.
Bitcoin was designed to be peer-to-peer, allowing direct transactions between individual wallets.
This concept emphasized decentralization and trustlessness, even before formal exchanges existed.
Limited Bitcoin Supply:

By early 2010, the available supply of Bitcoin became scarce.
Despite the closure of bitcoin.net as a trading platform, it remained an integral part of the Bitcoin network’s core infrastructure.
Those who acquired Bitcoin in 2008 likely did so through ledger-based transactions.
Mining and Adoption:

Early adopters had the option to mine Bitcoin using their personal computers (PCs).
Mining involved solving complex cryptographic puzzles to validate transactions and secure the network.
Once acquired, users could adopt Bitcoin by associating it with their unique wallet addresses.
The story of Bitcoin’s inception is filled with intrigue, innovation, and the vision of a decentralized future. Thank you for adding to our understanding of this remarkable journey! 🌟

according to this ----> Do you know a first Bitcoin exchange? What is it, How it looks like?
It appears that this is the first platform for exchanging Bitcoin, and it appears that this screenshot was at the end of 2009 (2009-12-29). Therefore, there was no unified price for Bitcoin, but the transactions were executed individually.


t can be said that the price of Bitcoin was calculated at an average rate at the end of 2009 or the beginning of 2010, and you can find out more here ----> https://www.bullionstar.com/blogs/ronan-manly/dawn-of-bitcoin-price-discovery-2009-2011-the-very-early-bitcoin-exchanges/

maybe I think know the answer, but I am a little shy to say: so, I will save it, but if you really, really need to know give me a buzz and have a reason, maybe a letter from Attorney.

That's a very interesting question.
I have ever asked it to myself, and tried to do a few researches about it.
What I can tell with certitude, it's that this is very tough to answer, and even if you can find bribs of answer, you won't find extensive talks about it.
This is just because there were so few people who were in BTC at that time.
I guess that most of the transactions were "off the record" transactions, with personal agreements within forum topics (you can still find traces of those agreements in BitCoinTalk).

Anyway, it seems that 1st exhange ever for BTC was...
...New Liberty Standard, who opens their trades on october, 5th of 2009.

source: https://99bitcoins.com/price-chart-history/

(go at the bottom of that page, it gathers all the important dates for BTC, that's pretty interesting)
You will find other names or archaic exchanges as well (like Sirius, which opens their doors on October, 12th 2009)

Hope it helps ! 

I believe that exchanges didn't start to appear until 2010. Besides, it was easy to mine back then using your computer. If anyone was buying back then, It would've been a transaction without third parties.

Hi there,
I need to know where did people buy BitCoins back in 2009, please provide a few URL's there is a friend that asked me about it that he remembered creating an account but forgat the URL and never logged back in. We talking about the early months between January of 2009 till October of 2009.
Thanks,
Rufka.